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Published September 10, 2024 Levi Strauss has filed its UK-specific accounts with the year to the end of last November seeing higher sales and pre-tax profits. Turnover rose to £89 million from £77.7 million and pre-tax profit jumped to £7.7 million from £4.3 million. Levi’s But the accounts filed at Companies House showed it wasn’t [...]read moreLevi Strauss UK sales rise as it targets more women and cool, young consumers
UK general consumer spending and specific retail sales moved up in August, two reports showed on Tuesday, but there was both good and bad news for fashion. Photo: Pexels Barclays said that consumer card spending returned to growth, rising 1% year-on-year following two consecutive months of declines, although that was well below the latest CPIH [...]read moreFashion sales ‘improve’ in August but it’s still a category consumers will cut back on
It was only a matter of time… digital gift cards have overtaken physical cards for the first time in the UK. GCVA Digital gift cards now command 52% of the market share, with sales surging by 17.1% in H1 2024, up from a market share of 30% in 2019. The findings from the Gift Card & [...]read moreDigital gift cards are favoured by UK consumers
By Reuters Published Aug 9, 2024 E.l.f. Beauty forecast annual sales and profit below estimates on 8 August and said it would raise prices of its products if Republican presidential candidate Donald Trump comes to power and hikes tariffs on imports from China. E.L.F. Beauty Shares of the company plunged about 10% in extended trading, even [...]read moreE.l.f. Beauty projects annual forecasts below estimates as consumers spend cautiously
By Reuters Published Aug 2, 2024 Amazon.com reported slowing online sales growth in the second quarter and said cautious consumers were seeking out cheaper options for purchases, sending shares down nearly 8%. Reuters The after-hours stock drop came despite second-quarter profit and cloud computing sales that beat analyst estimates. Amazon shares had gained over 20% [...]read moreAmazon says consumers cautious, forecasts revenue below Wall Street targets
Translated by Nicola Mira Published Jul 3, 2024 In France, Italy, Germany, the UK and the USA, young consumers have high expectations about sustainable fashion, but also a unique perception of what it entails, according to a study presented on Tuesday July 2 at the Première Vision Paris show. IFM/PV The French Fashion Institute (IFM) [...]read moreYoung consumers at odds with older generations
An impressive 91% of UK consumers are now actively involved in loyalty programmes, reflecting a broad appeal across different demographics and income levels. That’s according to comprehensive research from the Gift Card and Voucher Association (GCVA). Image: Pexels The survey of over 1,000 UK consumers and insights from 36 GCVA member organisations, also showed 94% [...]read moreMost UK consumers sign up to loyalty schemes
Consumer attitudes toward the purchase of a home fell “markedly” in May, while the percentage of consumers who said it was a “bad” time to buy a home grew month over month from 79% to 86%, according to new survey data from government-sponsored enterprise (GSE) Fannie Mae. The Fannie Mae Home Purchase Sentiment Index (HPSI) [...]read more86% of consumers say it’s a bad time to buy a house: Fannie Mae
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Consumer trends are changing all the time, reflecting the “never-sleeping” nature of markets and society.